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来源类型Working Paper
规范类型报告
DOI10.3386/w22185
来源IDWorking Paper 22185
Collective Action by Contract: Prior Appropriation and the Development of Irrigation in the Western United States
Bryan Leonard; Gary D. Libecap
发表日期2016-04-25
出版年2016
语种英语
摘要We analyze the economic determinants and effects of prior appropriation water rights that were voluntarily implemented across an immense area of the US West, abruptly replacing common-law riparian water rights. At the same time and place, vast private irrigation infrastructure added to the US capital stock. We build upon Ostrom and Gardner (1993) and model irrigation as a coordination problem to show how prior appropriation facilitated greater private infrastructure development than was possible under the baseline riparian system by i) securing access to water against future entry and ii) defining a property right that formed the basis for contracting around collective action problems among numerous, heterogeneous agents. We construct a dataset of 7,800 rights in Colorado, established between 1852 and 2013 including location, date, size, infrastructure investment, irrigated acreage, crops, topography, stream flow, soil quality, and precipitation to test the predictions of the model. We find that prior appropriation facilitated cooperation, doubling infrastructure investment and ultimately contributing between 3% and 21% of western state income in 1930. These outcomes are relative to the baseline alternative of a riparian system. The analysis reveals institutional innovation that informs our understanding of the development of property rights, prior appropriation, and contemporary water policy.
主题Other ; Law and Economics ; History ; Other History ; Environmental and Resource Economics ; Agriculture ; Renewable Resources
URLhttps://www.nber.org/papers/w22185
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/579859
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Bryan Leonard,Gary D. Libecap. Collective Action by Contract: Prior Appropriation and the Development of Irrigation in the Western United States. 2016.
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